Cvs Health
CVS Health Corporation, headquartered in the United States, stands as a leading entity in the healthcare industry, primarily focusing on pharmacy services, health insurance, and retail health solutions. Founded in 1963, CVS Health has evolved significantly, marked by key milestones such as the acquisition of Aetna in 2018, which enhanced its position in the health insurance market. With a diverse range of core products and services, including prescription medications, health management programmes, and MinuteClinic services, CVS Health distinguishes itself through its integrated approach to healthcare delivery. The company operates extensively across the US, serving millions of customers and patients, and is recognised for its commitment to improving health outcomes. As a prominent player in the healthcare landscape, CVS Health continues to innovate and adapt, solidifying its market position through strategic initiatives and a focus on community health.
DitchCarbon Score
How does Cvs Health's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Health Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cvs Health's score of 73 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cvs Health's reported carbon emissions
In 2024, CVS Health reported total greenhouse gas emissions of approximately 12,000,000,000 kg CO2e across all scopes. This includes about 261,522,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 653,702,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The most significant contribution came from Scope 3 emissions, totalling about 11,387,115,000 kg CO2e, which includes emissions from the supply chain and other indirect sources. CVS Health has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 47% by 2030 from a 2019 baseline. Additionally, the company targets a 90% reduction in these emissions by 2050. For Scope 3 emissions, CVS Health also aims for a 47% reduction by 2030 and a 90% reduction by 2050, focusing on areas such as purchased goods and services, business travel, and downstream transportation. These targets are validated by the Science Based Targets initiative (SBTi) and align with the goal of achieving net-zero emissions across the value chain by 2050. CVS Health's commitment reflects a proactive approach to addressing climate change and reducing its overall environmental impact.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 157,199,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,036,690,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 24,608,123,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cvs Health is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
